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Baby boomers' businesses are back on the market

Author
Newstalk ZB,
Publish Date
Thu, 25 Jan 2024, 9:40am
Photo / Getty Images
Photo / Getty Images

Baby boomers' businesses are back on the market

Author
Newstalk ZB,
Publish Date
Thu, 25 Jan 2024, 9:40am

Baby boomers are back in the business of selling their businesses.  

Professional services network PwC says it’s seen an uptick in enquiries from owners looking to exit successful firms. 

ABC Business Sales Managing Director Chris Small told Tim Dower that they list approximately 800 businesses for sale each year, about half of which belong to baby boomers. 

He said that uptick began at the backend of 2023, as the economic uncertainty caused by Covid is abating.  

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